The Fed is using this Crude Oil vs Gold ratio in tracking inflation.
The one in white is the inflation and the one in yellow is the Crude Oil vs Gold ratio.
We saw that when inflation peaked at 9% in June 2022, so did this ratio.
Although we recently saw a cut in interest rates, the yields are now moving higher, and gold has maintained its high point.
This...
An example of Crude Oil and Palm Oil in my intermarket analysis to demonstrate how I identify potential upcoming trends and why I believe both are about to move.
To help narrow down potential opportunities in other markets, you can apply the techniques I am about to share.
Micro WTI Crude Oil Futures & Options
Ticker: MCL
Minimum fluctuation:
0.01 per barrel =...